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Chile: Subtel to subsidise two projects in south Print E-mail
Friday, 27 July 2007
Subtel, Chile’s telecommunications regulator will use the country’s Telecommunications Development Fund (TDF) to subsidise two infrastructure projects in the south of the country.

The first project involves the installation of fibre-optic network from Puerto Natales to Cerro Castillo, the latter currently lacks any mobile telephony or internet service. The second project entails the installation of mobile towers in Torres del Paine National Park, a popular tourist destination.

Subtel will soon issue a request for proposals inviting private companies to bid on the projects. The amount of the available subsidies was not announced, but Subtel head Pablo said that it has a US$ 17 million budget for universal access projects.

Subtel is also subsidising a US$ 4.66 million fibre-optic backbone project to connect the city of Puerto Montt to Chiloe Island and Coyhaique in Chile’s far south. Subtel awarded local operator Telsur US$ 2.58 million in subsidies for the project.

Source: Business News Americas - WDR/Intelecon Regulatory News.